15 Apr Do I qualify for a COVID retirement withdrawal?
There are broad eligibility requirements to take a COVID withdrawal. ...
02 Apr How are withheld taxes credited for COVID retirement withdrawals?
Your COVID withdrawal is only one part of determining taxes owed. ...
31 Mar Do I pay more tax on my COVID withdrawal if taxes were withheld?
The exact amount of tax owed will depend on your complete tax situation. ...
30 Mar Can I pay all taxes on COVID withdrawal after filing my return?
You have several options to pay taxes on coronavirus-related withdrawals....
09 Mar How do I treat a 401(k) COVID withdrawal on my tax return?
You have the option of paying the taxes over three years. ...
23 Feb Can I use company stock to pay back a 401(k) COVID withdrawal?
If you pay back the money, you won't have any tax liability. ...
16 Feb Are COVID withdrawals a way to get funds out of my costly 401(k)?
There are several strategies to get funds out of a 401(k) that has high fees. ...
15 Feb When are taxes due on a 2021 Roth IRA conversion?
Taxes on a conversion are due in the year the conversion is made. ...
11 Feb Can I repay only part of my 401(k) COVID hardship withdrawal?
You can take three years to pay taxes owed on CARES Act 401(k) withdrawals. ...
05 Jan Did we qualify for a coronavirus-related retirement distribution?
You could take penalty-free retirement withdrawals in 2020. ...